- P2 Gold (PGLD) has announced a non-brokered private placement for gross proceeds of up to $2 million
- The company will issue up to 3.2 million units at a price of $0.63 per unit
- The proceeds will be used to fund exploration and engineering expenditures
- P2 is a mineral exploration and development company
- P2 Gold Inc. (PGLD) opened trading at C$0.70 per share
P2 Gold (PGLD) has announced a non-brokered private placement for gross proceeds of up to $2 million.
The company will issue up to 3.2 million units at a price of $0.63 per unit.
Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of $0.95 for a period of two years.
Warrants are subject to an acceleration clause.
The proceeds will be used to fund exploration and engineering expenditures and for general corporate purposes.
P2 is a mineral exploration and development company focused on advancing precious metals discoveries and acquisitions in the western United States and British Columbia.
P2 Gold Inc. (PGLD) opened trading at C$0.70 per share.
